Lycos Europe N.V.

euro adhoc: Lycos Europe N.V.
Strategic management decisions
LYCOS Europe in negotiations about sale of German access business

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Haarlem/Netherlands, February 8, 2007. LYCOS Europe N.V. (ISIN NL000023319), one of Europe's leading portal providers and online advertisers, today announced to consider the sale of its German access business. The company is starting discussions with several third parties who are interested in analysing a possible take over of the access business.

In line with the strategic decision to strengthen its core businesses LYCOS Europe has decided not to further invest in the access business. LYCOS Europe has completed the sale of its Swedish access business to Glocalnet Scandinavia AB for about EUR 19 million in January 2007.

LYCOS Europe has been operating the Internet access business in Germany since 1999. At that time it started the narrow band business Comundo. In 2003 the broadband services of LYCOS DSL were added to the portfolio. The business has today about 37,900 broadband and about 23,800 narrowband customers and generates revenue of about EUR 6 million per year.

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About Lycos Europe
Lycos Europe (ISIN NL0000233195) is one of the leading European internet@@end@@

destinations operating a pan-European network of websites in seven languages. The company's combination of search, communication services, content channels, Internet access, homepage building and online communities addresses a wide range of target groups. The Lycos Europe Network provides an attractive medium not only for consumers but also for advertisers and e-commerce partners throughout Europe. Every month about 30 million users visit the Lycos sites and by Lycos Europe distributed partner sites in Europe. With a network of websites covering Austria, Denmark, France, Germany, Great Britain, Italy, the Netherlands, Spain, and Switzerland, Lycos Europe has a large geographical reach in Europe.

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ots Originaltext: Lycos Europe N.V.
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Branche: Software
ISIN:      NL0000233195
WKN:        932728
Index:    Prime All Share, Technologie All Share
Börsen:  Frankfurter Wertpapierbörse / regulated dealing/prime
              Börse Berlin-Bremen / free trade
              Hamburger Wertpapierbörse / free trade
              Baden-Württembergische Wertpapierbörse / free trade
              Börse Düsseldorf / free trade
              Niedersächsische Börse zu Hannover / free trade
              Euronext - Paris / free trade
              Bayerische Börse / free trade

Weitere Meldungen: Lycos Europe N.V.

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